Embracing challenges in strata living

Naim Bahagia Residences is one of the first stratified properties in Naim Bandar Baru Permyjaya, one of the largest townships in Miri, Sarawak being developed by Naim Group of Companies since 1995. It is home to more than 20% of Miri’s population today.

Loyalty to global standards

“In the past 20-over years, the building management team and ExxonMobil have been working very closely to manage the building and I am proud to say that Menara ExxonMobil is performing well in terms of occupancy and rental growth today despite the overall economic slowdown,” says KLCC Property Holdings CEO Datuk Hashim Wahir.

Dayabumi for the future

Back in the 1980s, it was also one of the few buildings in the city that has a rooftop helipad for emergency evacuations.

Financing schemes supporting high prices could distort housing market

KRI, said KRI research director Dr Suraya Ismail, maintains that there is no issue in terms of access to financing provided by banks now, which is ample and stable for “eligible house borrowers”. “[But] when houses see rapid price escalation, backed by financing, this creates a problem. We see that financing and house prices have strong correlations,” she said.